In 1913, it moved north across the city to Arsenal Stadium in Highbury. In the 1930s the club won five League Championship titles and two FA Cups. After a lean period in the post-war years it won the League and FA Cup Double, in the 1970–71 season, and in the 1990s and first decade of the 21st century won two more Doubles and reached the 2006 UEFA Champions League Final. Arsenal has a long-standing rivalry with neighbours Tottenham Hotspur, with whom it contests the North London derby. Arsenal is the third most valuable association football club in the world as of 2010, valued at $1.2 billion.

For much of Arsenal’s history, their home colours have been bright red shirts with white sleeves and white shorts, though this has not always been the case. The choice of red is in recognition of a charitable donation from Nottingham Forest, soon after Arsenal’s foundation in 1886. Two of Dial Square’s founding members, Fred Beardsley and Morris Bates, were former Forest players who had moved to Woolwich for work. As they put together the first team in the area, no kit could be found, so Beardsley and Bates wrote home for help and received a set of kit and a ball. The shirt was redcurrant, a dark shade of red, and was worn with white shorts and blue socks.